In 1960, Barry Goldwater published The Conscience of a Conservative. In it, he noted “Conservatism is not an economic theory, though it has economic implications. The shoe is precisely on the other foot: it is Socialism that subordinates all other considerations to man’s material well-being. It is Conservatism that puts material things in their proper place — that has a structured view of the human being and of human society, in which economics plays only a subsidiary role. The root difference between the Conservatives and the Liberals of today is that Conservatives take account of the whole man, while Liberals tend to look only at the material side of man’s nature.”